Cloud Service Providers (CSPs) claim that Software-as-a-Service is a very attractive model for small and medium enterprises (SMEs) aiming to reduce costs and increase the flexibility of their IT environments. However, little research has been performed on the enterprises' perspective on this matter. This report presents a survey conducted among 55 German enterprises that clarifies their views of Software-as-a-Service. We first show the actual IT situation in the SMEs in Germany with respect to Software-as-a-Service. We further show the prerequisites that the enterprises expect from cloud software as well as the relevant reasons in favor of and against the use of Software-as-a-Service in the enterprise. Finally, we discuss the results showing that their views differ in some significant respects from that of the CSPs and deducing hypotheses that we plan to investigate in future work.